By  on February 23, 2011

When Guccio Gucci opened his first shop in Florence in 1921, he set the tone for the company as a vertical retailer.

Since then, retail expansion has been a priority for the company, a pioneer in globalization. Gucci opened its first store outside Italy at New York’s Savoy Plaza Hotel on East 58th Street in 1953. Guccio’s son Aldo, the strong-willed company chairman at the time, further pushed the business’ international boundaries through the Fifties, Sixties and Seventies.

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